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    1001 W Parrish Ave Owensboro, KY 42301

    For Sale
    $2,600,000

    Multifamily, Free-standing - Owensboro, KY

    Days on Market:
    16
    Last Refresh:
    Dec 5 at 6:06 am

    Property Features for 1001 W Parrish Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Paved or Surfaced

    Building Details

    Flooring type
    Tile
    Architectural style
    Other

    TRIPLE CROWN RELATY GROUP, LLC (270) 313-7428

    Listing agent Jason Gasser (270) 926-9999 License #273784

    Listing date Nov 20, 2025

    MLS# 93600 Listing URL

    Copyright © 2025 Greater Owensboro Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Income-Producing 40-Unit Apartment Complex

    This is a 40-unit apartment complex that is 95% occupied. The property consists of one-bedroom, one-bathroom units. Recent capital improvements include a new roof, new gutters, and new downspouts. The complex is professionally managed and well maintained. Dedicated parking is available for all residents. The property is located in Owensboro, KY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ELECTRONIC REPAIR AND CUSTOM ... Computer Repair Service

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Owensboro
    County
    Daviess
    State
    Kentucky
    Longitude
    -87.1205746
    Latitude
    37.7624454

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    FAQs

    What type of property is this?
    Apartment building - Fully stabilized apartment complex with consistent rent roll and strong demand.
    Where is this apartment building located?
    The property is located at 1001 W Parrish Ave Owensboro, KY.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Fully stabilized, income-producing 40-unit apartment complex.; - High occupancy rate (95%) with strong tenant demand.; - Recent capital improvements: **new roof, gutters, and downspouts.**
    (270) 926-9999
    Request Owner's contact information
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    Owensboro, KY 42301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1001 W Parrish Ave Owensboro, KY 42301
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